Venture Fund Member Profile

GoodCompany Ventures catalyzes start-ups with innovative solutions to big, unmet social needs. We champion models that offer investors both financial return and social impact.

GoodCompany Ventures is interested in attracting dynamic entrepreneurs fulfilling valuable social missions in a wide range of spaces.

David FamolariCo-FounderGoodCompany Ventures

David is a co-founder of GoodCompany Ventures, a venture incubator in Philadelphia supporting social impact startups. GCV identifies promising entrepreneurs with innovative solutions to big, unmet social needs and helps them implement their ideas using the tools and resources of the venture capital community.

David is also a founding Partner at Day2 Ventures, an angel fund investing in inherently mobile businesses, and a Venture Advisor at Paladin Capital Group, a multi-stage VC firm leading investments in innovative technology and alternative energy companies globally.

He has 15 years of advanced technology research, strategy and business development experience in the networking and mobile industry. He has served on several industrial standards committees, authored more than 40 peer-reviewed technical publications and has 21 granted patents.

He holds a M.S. in Electrical Engineering from Rutgers University and an MBA from The Wharton School.

Representative Investments

One Degree Solar is a supplier of solar energy and lighting products created specifically for individuals in developing countries. Worldwide, these individuals collectively spend $38 billion per year on kerosene for fuel-based lighting, which is unsafe, unhealthy, and expensive. Responding to the widespread need for reliable, affordable energy alternatives, we have created easy-to-use, low-maintenance solutions for individuals, small businesses, and nonprofit organizations in developing countries and disaster relief zones. Founded by individuals with years of international development experience, One Degree Solar partners with international distributors, micro-finance organizations, and foreign aid institutions in order to expand access to health, education, and income generating activities.

Tots Tit 4 Tat is an online community that offers an efficient and affordable method to keep children clothed during the time of their lives that they grow the fastest. Through our website, our members have access to a database of high quality, children’s clothing items. In exchange for contributing their children’s outgrown clothing, members receive points that they can redeem online for new, like-new or gently-used items that fit their children. We work with local and national partners to make the drop-off and pick-up of clothing as convenient as possible. Tots Tit 4 Tat provides a sustainable method for parents to extend the value of their children’s clothing.

SHIFT_DESIGN is a Philadelphia-based company committed to the design and deployment of environmentally attuned product systems for residential and commercial spaces. Founded by architects, SHIFT_DESIGN is focused on providing both off-the-shelf and custom architectural products that address a commitment to modern design and quality of space. The company is currently engaged in the development of rainwater harvesting systems that provide functional convenience through sculptural form.

Urban Collective™ is a proven and successful social enterprise, developed by UK artist management company, Freeport Entertainment, that provides a practical gateway to the music industry for aspiring young artists and producers. Since its launch in London in 2004, Urban Collective has empowered more than 700 people to collaborate and produce many albums, an award winning feature film, documentaries, music videos and dozens of live performances.

David participated in the FundingPost event: Philadelphia Angel and Venture Event
on Tuesday, July 26, 2011 in PA, Sponsored by RMSC Law, WeiserMazars

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